The government can use CBDC for fund payments and set trigger conditions for the funds, allowing for tracking. The supervisory department can independently monitor the fund disbursement at all levels without relying on other business participants, thus improving the efficiency of fund disbursement and ensuring compliance, transparency, and effectiveness of fund utilization.The government special fund supervision platform designed by IBDT enables:

Fund flow management: Facilitating fund allocation, fund transfer, fund utilization requests, and fund verification to ensure the proper circulation and utilization of funds.

Budget control and warning mechanism:Monitoring the alignment between fund utilization and budget plans and issuing warnings in case of budget overruns or abnormal situations.

Electronic approval and reporting:Simplifying the procedures and processes involved in fund management and providing easily auditable and supervisable reporting data.

Data statistics and analysis:Collecting and analyzing data on fund utilization to provide reference for decision-making and optimize fund utilization effectiveness.

Security and permission control: Implementing Privacy Computing and smart contracts to prevent misuse or leakage of funds.

Interface integration and data exchange: Supporting data sharing and information integration with financial systems, audit systems, and other relevant platforms.